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Availability and Renewal of Standard Corona specific products


 Notice Date : 10 May 2021

Insurance Regulatory and Development Authority of India

Ref. No:525/IRDAI/HLT/CK/2020-21

Date:10-05-2021

Availability and Renewal of Standard Corona specific products

PRESS RELEASE

The Authority is in receipt of complaints stating that some of the insurance companies are not issuing Corona Kavach and Corona Rakshak Policies. In this regard, it is clarified that all General and Health Insurers are mandated to offer Corona Kavach Policy vide guidelines dated 26.06.2020.

Insurers were also advised to offer renewal of Corona Kavach and Corona Rakshak Policies vide circular dated 13.10.2020.

On 06.05.2021, all insurers, as applicable, were advised to continue offering Corona Kavach and Corona Rakshak Policies and also to renew these policies.

A copy of the letter dated 06.05.2021 is attached for information of all stakeholders.

 

Guest
on 12 May 2021
Notification No : 525/IRDAI/HLT/CK/2020-21
Published in Miscellaneous
Source : , https://www.irdai.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo4480&flag=1










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